Paladin Resources Ltd.
TSX : PDN
ASX : PDN

Paladin Resources Ltd.

August 23, 2005 17:00 ET

Allotment Of Shares On Exercise Of Options By Paladin Resources Ltd

PERTH, WESTERN AUSTRALIA--(CCNMatthews - Aug. 23, 2005) - Paladin Resources Ltd ("Paladin") (TSX:PDN)(ASX:PDN) wishes to advise that the Company has allotted 350,000 fully paid shares resulting from the exercise of 350,000 unlisted options exercisable at 22 cents (Australian) and issued pursuant to the Employee Share Option Plan.

Please note: Appendix 3B is available on CCNMatthews' website at the
following link: http://www2.ccnmatthews.com/database/fax/2000/pdn823attach.pdf


Contact Information